Rumor has it that the mini moguls' "lifestyle differences" are tearing their fashion collabs asunder. "Ashley really wants to be a respected businesswoman and be taken seriously...MK does too, but she hasn't been willing to give up her lifestyle and act like an adult for their job." Result? MK is being "distanced"…

In a business move effecting tween girls everywhere, Limited Brands (parent company of The Limited, Victoria's Secret, and Bath & Bodyworks) has sold a 67% stake of the Express brand to a private equity firm. Meaning: Middle school girls can still buy their stretch capris at both The Limited and Express, but now…